Credit Analyst

Hebron Estates, KY - USA

Monthly Salary: Not Disclosed

Posted on: 14 hours ago

Vacancies: 1 Vacancy

Job Summary

Company Overview:

BlueStar is a leading global solutions-based distributor of Point-of-Sale Bar-coding data collection radio frequency identification (RFID) and Wireless mobility products. BlueStar works exclusively with Value Added Reseller Partners providing them with complete solutions at competitive prices. The company brings unequaled expertise to the market offers award-winning technical support and is an authorized service center for a growing number of manufacturers.

As our credit analyst youll be a cornerstone in financial decision-making. You are responsible for evaluating the creditworthiness of potential clients or business partners and your efforts mitigate financial risks and help make informed decisions regarding credit extensions or business relationships.

The day-to-day role of a credit analyst at BlueStar includes the following:

Processing credit applications. Assessing the creditworthiness and financial status of potential clients by analyzing financial statements and credit information such as credit reports credit history and other relevant financial data.
Conducting risk analysis and risk management via in-depth research and due diligence when gathering information about the industry market conditions and competitors.
Developing and maintaining credit risk models and scoring systems to evaluate the likelihood of default and establish credit limits.
Using risk assessment findings to make recommendations on credit terms.
Conducting regular financial analyses and assessments of payment patterns as a method of reviewing the creditworthiness of existing clients or business partners.
Collaborating with other departments such as sales legal and finance to negotiate credit terms resolve disputes and develop risk mitigation strategies.
Using all available resources to ensure legitimacy of potential clients and protect against fraud. Conducting thorough research and background checks on applicants verifying information provided and identifying red flags.

Role Responsibilities:

The role of a Credit Analyst is essential for assessing the creditworthiness of individuals or businesses applying for credit. Credit Analyst responsibilities include:

Financial Analysis: Reviewing financial statements credit reports and other relevant data to evaluate the credit risk of applicants accurately.
Risk Assessment: Using financial ratios trends and industry benchmarks to assess the likelihood of a borrowers ability to repay loans or credit obligations.
Credit Scoring: Applying credit scoring models and tools to quantify and standardize credit risk evaluations contributing to consistent decision-making.
Due Diligence: Conducting thorough research and background checks on applicants verifying information provided and identifying potential red flags.
Communication: Collaborating with loan officers underwriters and clients to present findings explain credit decisions and recommend appropriate credit terms.

Credit Analyst Skills:

Strong analytical skills - the ability to critically analyze financial data identify patterns and make informed decisions based on the results is essential.
Attention to detail - as a credit analyst you must be meticulous and thorough in reviewing financial statements credit reports and other relevant documents to ensure accuracy and reduce risk without compromising time management.
Effective communication skills - while credit analysis is a focused job it involves collaboration with other teams such as conveying complex financial information and risk assessments both verbally and in written reports.
Ethical and professional conduct - its important that you maintain high standards of integrity confidentiality and professionalism while handling sensitive financial information and making credit-related decisions.
Problem-solving and decision-making skills - you have the capacity to identify and analyze challenges or issues related to credit evaluation and develop creative and effective solutions to mitigate risks and maximize outcomes.

Credit Analyst Qualifications:

A bachelors degree in finance accounting economics or a related field is preferred.
5 years of experience in credit analysis working as a credit analyst or similar financial role.
Knowledge of financial analysis tools such as financial software credit risk modeling tools and Microsoft Excel spreadsheets.
Strong understanding of financial statements including balance sheets income statements and cash flow statements.
Familiarity with credit risk factors credit scoring methodologies and industry-specific risk indicators to evaluate the credit rating and creditworthiness of individuals or businesses.

Equal Opportunity Employer/Veterans/Disability

Required Experience:

Company Overview:BlueStar is a leading global solutions-based distributor of Point-of-Sale Bar-coding data collection radio frequency identification (RFID) and Wireless mobility products. BlueStar works exclusively with Value Added Reseller Partners providing them with complete solutions at competit...

Company Overview:

The day-to-day role of a credit analyst at BlueStar includes the following:

Processing credit applications. Assessing the creditworthiness and financial status of potential clients by analyzing financial statements and credit information such as credit reports credit history and other relevant financial data.
Conducting risk analysis and risk management via in-depth research and due diligence when gathering information about the industry market conditions and competitors.
Developing and maintaining credit risk models and scoring systems to evaluate the likelihood of default and establish credit limits.
Using risk assessment findings to make recommendations on credit terms.
Conducting regular financial analyses and assessments of payment patterns as a method of reviewing the creditworthiness of existing clients or business partners.
Collaborating with other departments such as sales legal and finance to negotiate credit terms resolve disputes and develop risk mitigation strategies.
Using all available resources to ensure legitimacy of potential clients and protect against fraud. Conducting thorough research and background checks on applicants verifying information provided and identifying red flags.

Role Responsibilities:

The role of a Credit Analyst is essential for assessing the creditworthiness of individuals or businesses applying for credit. Credit Analyst responsibilities include:

Financial Analysis: Reviewing financial statements credit reports and other relevant data to evaluate the credit risk of applicants accurately.
Risk Assessment: Using financial ratios trends and industry benchmarks to assess the likelihood of a borrowers ability to repay loans or credit obligations.
Credit Scoring: Applying credit scoring models and tools to quantify and standardize credit risk evaluations contributing to consistent decision-making.
Due Diligence: Conducting thorough research and background checks on applicants verifying information provided and identifying potential red flags.
Communication: Collaborating with loan officers underwriters and clients to present findings explain credit decisions and recommend appropriate credit terms.

Credit Analyst Skills:

Strong analytical skills - the ability to critically analyze financial data identify patterns and make informed decisions based on the results is essential.
Attention to detail - as a credit analyst you must be meticulous and thorough in reviewing financial statements credit reports and other relevant documents to ensure accuracy and reduce risk without compromising time management.
Effective communication skills - while credit analysis is a focused job it involves collaboration with other teams such as conveying complex financial information and risk assessments both verbally and in written reports.
Ethical and professional conduct - its important that you maintain high standards of integrity confidentiality and professionalism while handling sensitive financial information and making credit-related decisions.
Problem-solving and decision-making skills - you have the capacity to identify and analyze challenges or issues related to credit evaluation and develop creative and effective solutions to mitigate risks and maximize outcomes.

Credit Analyst Qualifications:

A bachelors degree in finance accounting economics or a related field is preferred.
5 years of experience in credit analysis working as a credit analyst or similar financial role.
Knowledge of financial analysis tools such as financial software credit risk modeling tools and Microsoft Excel spreadsheets.
Strong understanding of financial statements including balance sheets income statements and cash flow statements.
Familiarity with credit risk factors credit scoring methodologies and industry-specific risk indicators to evaluate the credit rating and creditworthiness of individuals or businesses.

Equal Opportunity Employer/Veterans/Disability

Required Experience:

Key Skills

Financial Statement Preparation
Credit Analysis
Cash Flow Analysis
Math
Banking
Analysis Skills
UCC Law
Underwriting
Financial Analysis
Financial Modeling
Financial Report Interpretation
Word Processing

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About Company

BlueStar US

Wholesale distributor of Data Capture, POS, RFID, and Digital Signage technologies from the world's top brands. Become a BlueStar reseller partner today.

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